Does anyone know what happened with the hermenetical invasion of economics? I keep hearing references to it by David Gordon and Murray Rothbard but they are obvious opponents so I was looking for a balanced view of this event.
Their view is balanced. Either way, look up Hoppe’s In Defense of Extreme Rationalism and Selgin’s Praxeology and Understanding. They mention economists in favour of a hermeneutic approach.
I believe Long also discusses hermeneutics in a favorable light in Wittgenstein, Austrian Economics, and the Logic of Action.
hey, thanks.
Murray Rothbard: The Hermeneutical Invasion of Economics, David Gordon: Hermeneutics vs. Austrian Economics.
Gordon isn’t a huge fan as far as I’m aware, he trashes Boettke and company in some of his book reviews.
Long is about as balanced as can be on the issue I think. He doesn’t come down in favour of the hermeneuticists, but he does a good job of showing in which respects they are right. But I think that Hoppe’s paper is still the most scathing critique of their position out there.
Roderick is really good at finding a middle ground between opposing positions.
Anyone know any good sources from Boettke and company?
I’m sure that convoluted, ivory-tower, post-modern pastimes such as hermeneutics contribute a lot to make libertarianism a more widely accepted philosophy…
Here’s an article by Boettke.
I guess the best place to go would be Economics and Hermeneutics by Lavoie.